Zerodha Vs Tradeplus (Compare Zerodha and Tradeplus)
The side-by-side comparison of Zerodha and Tradeplus. Compare Zerodha Vs Tradeplus brokerage, charges, exposure margin, demat account. Read Tradeplus and Zerodha review.
Find out Zerodha Vs Tradeplus which is better and Zerodha Vs Tradeplus which is best.
Our Zerodha comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Zerodha and Tradeplus.
Zerodha Vs Tradeplus
Zerodha
Tradeplus
Find more info about broker
About the Broker
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX
Account Type
Flat Brokerage Plan
Infinite Trading Plans
Broker Enquiry
Year of Incorporation
2010
Number of Branches
22
Enquire Zerodha
Enquire Tradeplus
Zerodha Vs Tradeplus Charges
Zerodha
Tradeplus
Trading Account Opening Fees
₹200
₹199
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹300
₹500 (5 years)
Demat Account is Mandatory?
No
No
Zerodha Vs Tradeplus Brokerage
Brokerage Plan 2
Zerodha
Tradeplus
Account Type
Flat Brokerage Plan
General Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
₹0 (Free)
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
₹60 per lot
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹20 per lot
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹60 per lot
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges
₹50 per executed order
Flat ₹75 per day
Zerodha Vs Tradeplus Taxes
Zerodha
Tradeplus
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Zerodha Vs Tradeplus Transaction Charges
Zerodha
Tradeplus
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹330 per crore (0.0033%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
₹330 per crore (0.0033%) (sale side)
Equity Futures
NSE ₹190 per Cr (0.0019%)
₹350 per crore (0.0035%)
Equity Options
NSE ₹5000 per Cr (0.05%)
₹7500 per crore (0.075%)(on premium)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹165 per crore (0.00165%)
Currency Options
NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
₹6000 (on premium) per crore (0.06%)
Commodity
Group A - ₹260 per Cr (0.0026%)
₹400 (0.004%)
Zerodha Vs Tradeplus Exposure Margin
Zerodha
Tradeplus
Equity Delivery
1x (no margin)
Upto 4X
Equity Intraday
Up to 20x (based on the stock)
Upto 33X
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday leverage 2X | Cover Order Margin 3%
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday Leverage of 2X
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday Leverage of 2X
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
1X
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Intraday Leverage of 2X
Commodity Options
Zerodha and Tradeplus Feature Comparison
Zerodha
Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
INFINI, NSE NOW
Intraday Square-off Time
3:10 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs Tradeplus Review
Zerodha
Tradeplus
368 Customer Reviews
27 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 368 customer reviews Tradeplus is Rated 3.2 / 5 based on 27 customer reviews
Zerodha Vs Tradeplus Investment Options
Zerodha
Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Tradeplus Customer Service
Zerodha
Tradeplus
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs Tradeplus Order Type Offered
Zerodha
Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs Tradeplus Research Report
Zerodha
Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs Tradeplus Suitable For Investor Type
Zerodha
Tradeplus
Casual Investor
Active Investor
Trader
Zerodha Vs Tradeplus - Advantages and Disadvantages
Zerodha
Tradeplus
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
More Advantages...
Unlimited monthly trading plans available for frequent traders.
Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
Low demat AMC or ₹90 per month.
Analysis tools available for intraday trading.
More Advantages...
Cons
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹50 order.
Auto Square off is charged at extra ₹50 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
More Disadvantages...
Customer has to pay software charges.
High call & trade charges. ₹1000 per month.
Lower margin.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade
Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
Zerodha
Zero Account Opening Fee